Call: Thursday, January 31, 2013 at 10:30am EST
The Hedgeye Consumer Staples Team, led by Rob Campagnino, will be hosting an expert conference call entitled "An Expert's Opinion on Multi-Level Marketing, Pyramid Schemes and Herbalife" on Thursday, January 31st, at 10:30am EST featuring multi-level marketing expert Dr. Jon M. Taylor.
KEY TOPICS WILL INCLUDE
- What is a pyramid scheme?
- Contextualizing Herbalife (HLF) and its peers within the history of multi-level marketing
- What is the likelihood that the FTC will take significant action against HLF?
- If in fact HLF is a pyramid scheme, as Ackman claims, how long can it continue its growth pattern before collapsing?
ABOUT DR. JON M. TAYLOR
Dr. Taylor has dedicated a majority of his career to researching multi-level marketing (MLM) and its impact on consumers. He has authored books and numerous analytical reports on profitability, viability, ethics and abuses of "product-based pyramid schemes" including The Network Marketing Game and The Case (for and) Against Multi-level Marketing. Through his research Dr. Taylor developed tools for evaluating MLMs and their profitability (or lack thereof).
His Five-step Do-it-Yourself Evaluation of MLM Programs is an interactive program for visitors to his website - www.mlm-thteruth.com. His research has been confirmed by the analysis of over 400 MLMs and feedback from thousands of consumers. Dr. Taylor received an MBA degree from BYU and a Ph.D. in Applied Psychology from the University of Utah. He is currently President of the Consumer Awareness Institute and President of the Jon Taylor & Co., Inc.
ABOUT ROB CAMPAGNINO
Rob has nearly 20 years experience in the industry and within the last 5 years on the buy side at some of the top hedge funds in the business, including Pioneerpath, Diamondback Capital, and Searock Capital. Prior, he was a senior equity analyst at Prudential Securities where he was consistently Institutional Investor ranked. Before Prudential he was at Sanford Bernstein as an equity research associate covering food, beverage, and retail. He began his career as a strategic consultant with PricewaterhouseCoopers. Rob has a MBA from Columbia and BA in Economics from Duke.